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If you don't own a home by now, then you probably never will. Unless you are given a large sum of money, forget it.
Or waiting for parents to pass along dat inheritance
watching my inlaws destroy their house through hording, neglect and laziness has been deeeeeeepressing - not for me, we moved away from the south and my time in the army helped me buy a house, but for my wife's siblings. It's gonna be a wreck before they confront their problems, and any kind of generational benefit to their other kids is gone.
My parents sold their nice old house to have a new one built that is worse in just about every measurable way. I'm real salty about that.
The reality is that people are buying homes, though. Over half of millennials are now homeowners. The number of first time homebuyers in the US, the majority of which are around 30 years old, has hovered between 1.5 million and 2 million per year since 2008.
It's absolutely true that our money doesn't go as far as our parent's did, but people are buying homes every day and it's silly to act like it's impossible for most people.
Sources?
Not the user you are asking, but I brought mine.
My parents thought the same thing when they came out of school in the 80s, I thought the same thing when I came out of school in the 00s... the cycle continues!